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. >> is speaker boehner ready to make a deal? >> the president convened a pow wow with leaders. >> the congressional leaders meeting at the white house today. >> begin negotiations about how to avoid that so-called fiscal cliff. >> fiscal cliff. >> this is the beginning of a fruitful process. >> the issue is taxes. >> only one bad word -- taxes. >> raising taxes is a very bad idea. >> raising taxes is a terrible idea. >> to show our seriousness, we put revenue on the table. >> we're prepared to put revenue on the table. >> a deadline. >> being able to work something out. >> there was a spirit of cooperation. >> tomorrow is speaker boehner's birthday. we didn't know how many candles were needed. ♪ best friend ♪ >> interrupting that was the ghost of christmas past. >> you guys are the best. thank you so much. >> mitt, 47%, romney. he is the gift that keeps on giving. >> republicans did not take kindly to mr. romney's words. >> i don't agree with the comments. >> we lost the presidency. it's time to move on. >> general petraeus
. >> is speaker boehner ready to make a deal? >> the president convened a pow wow with leaders. >> the congressional leaders meeting at the white house today. >> begin negotiations about how to avoid that so-called fiscal cliff. >> fiscal cliff. >> this is the beginning of a fruitful process. >> the issue is taxes. >> only one bad word -- taxes. >> raising taxes is a very bad idea. >> raising taxes is a terrible idea. >> to show...
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>> i think the challenge for boehner. it will be a test for john boehner's leadership to find the votes within his caucus, to meet the president and others halfway. he has got to come halfway. certainly the president has got to come halfway. that's what this is about. >> eliot: i agree with you. the president has already gone halfway. i think they'll end up meeting his number. winning in politics brings consequences. new orleans mayor marc moriel. thank you for coming on the program. i'm joined by the one and only congressman barney frank. congressman, thank you for joining us. >> great to be here. for >> eliot: for all the good well and happy talk is there a deal being framed up right now? >> i don't know. i hope there is. we've known there was substantively, but there has to be republicans who understand that sticking with this deficit reduction coming out of domestic programs, and you expand military spending, and you don't increase tax on the wealthy clearly the election said that's not the right way to go. i know the
>> i think the challenge for boehner. it will be a test for john boehner's leadership to find the votes within his caucus, to meet the president and others halfway. he has got to come halfway. certainly the president has got to come halfway. that's what this is about. >> eliot: i agree with you. the president has already gone halfway. i think they'll end up meeting his number. winning in politics brings consequences. new orleans mayor marc moriel. thank you for coming on the...
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the reason is you look at what boehner said. boehner was for a deal last year. we have to figure out what does eric cantor think, what does michele bachmann think, what does rand paul think? john bainer is the leader of the republican party in name, but he often is not leading them in policy. unless we know obama $1 trillion in tax increases, i'm not sure that rush limbaugh is for that right now. until we know that other conservatives outside of john boehner support that idea, it's hard to see where the compromise is. so i think i'm not optimistic either about where we are right now. >> just to jump in, i would echo that. sometimes we analyze these guys like boehner is the ceo. and that may be the case, but he has a board of directors. he's got other stakeholders to deal with. and we've got to see some movement from them if that bipartisanship that you were talking about in the beginning, mara, if that's going to go anywhere. >> i'm sorry, go ahead. >> i would just point out there was real skepticism about whether boehner could deliver a deal with the debt ceili
the reason is you look at what boehner said. boehner was for a deal last year. we have to figure out what does eric cantor think, what does michele bachmann think, what does rand paul think? john bainer is the leader of the republican party in name, but he often is not leading them in policy. unless we know obama $1 trillion in tax increases, i'm not sure that rush limbaugh is for that right now. until we know that other conservatives outside of john boehner support that idea, it's hard to see...
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when obama and john boehner said down to negotiate very soon, will the gop give a little on this? will they get enough so we can get a resolution? my guess is no. i do not think the defeat was as clear enough to signal that kind of change. we do see if you people like bill kristol saying why are we [unintelligible] it is not -- the economy did great. there is a belief that there is an automatic relationship between the level of taxation on the wealthy and economic growth. you look back at american history, there is an inverse relationship over the last 80 years between level of economic growth and taxation on the wealthy. what will happen? we might sail over the fiscal cliff. that phrase invented by ben bernanke. but relax. the fiscal cliff is the kind of thing that only exists if washington allows it to happen. washington sometimes seems like a school where the teachers set the deadline and then change them. if we do still over the fiscal cliff, there are little maneuvers the treasury can do to make sure that we do not, even if sequestration actually starts, there are maneuvers t
when obama and john boehner said down to negotiate very soon, will the gop give a little on this? will they get enough so we can get a resolution? my guess is no. i do not think the defeat was as clear enough to signal that kind of change. we do see if you people like bill kristol saying why are we [unintelligible] it is not -- the economy did great. there is a belief that there is an automatic relationship between the level of taxation on the wealthy and economic growth. you look back at...
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boehner has indicated he's putting revenues on the table. that makes it possible for us to begin the very difficult discussion about what revenues and how do you get them and what cuts and how do you make them. so we have a lot of work to do. at least the framework is some greater possibility for a positive outcome. >> last time around, republicans insisted that any new increases in revenue must be off-set by a lowering of tax rates. are you encouraged by the gop's apparent new willingness to accept a more balanced approach? >> i'm very much encouraged by it. that is what made it impossible for us to even have discussions at all up until the election results came in. as you know, president obama ran on a very explicit platform of restoring the clinton area tax rates for folks above $250,000. romney explicitly ran against that. exit polls showed half the folks who voted for romney in fact supported the obama position on taxes. the other thing that's important to keep in mind, we -- our congress actually has made a trillion and a half dollars
boehner has indicated he's putting revenues on the table. that makes it possible for us to begin the very difficult discussion about what revenues and how do you get them and what cuts and how do you make them. so we have a lot of work to do. at least the framework is some greater possibility for a positive outcome. >> last time around, republicans insisted that any new increases in revenue must be off-set by a lowering of tax rates. are you encouraged by the gop's apparent new...
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the big problem there was going to be john boehner. he has been very explicit about his position on this. he says we're not going to raise tax rates. we can increase revenues by getting rid of some of the loopholes and deduction, but he doesn't want to see that. that's very much an explicit tax increase. the other things are tax increases, but you can fudge in how you talk about it. and how you score it and that kind of thing. so it could, if enough pressure comes on leadership and if they feel like they get a majority, they might be able to pull it off. >> the key there is the faster that it happens, the more likely it is to happen and the longer it drags on, the less likely it gets. john stanton, thank you very being with us. appreciate it. >> sure. >>> best new thing in the world, flat earth edition in a good way, is straight ahead. copd makes it hard to breathe, but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications,
the big problem there was going to be john boehner. he has been very explicit about his position on this. he says we're not going to raise tax rates. we can increase revenues by getting rid of some of the loopholes and deduction, but he doesn't want to see that. that's very much an explicit tax increase. the other things are tax increases, but you can fudge in how you talk about it. and how you score it and that kind of thing. so it could, if enough pressure comes on leadership and if they feel...
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republicans john boehner and mitch mcconnell and democrats nancy pelosi and harry reid. >> we had a very constructive meeting with the president to talk about america's fiscal problem. >> we all know something has to be done. >> it was good. i feel confident that a solution may be in sight. >> we're prepared to put revenue on the table, provided we fix the real problem. >> tax hikes and spending cuts could go into effect simultaneously if no deal is reached on the fiscal cliff by the end of the year, both sides have said they are willing to compromise. house speaker boehner says republicans realize that neither side will get everything it wants. >>> exactly one week after he abruptly resigned as head of the cia, david petraeus was back on capitol hill. he met yesterday behind closed doors to brief lawmakers on the september 11th attack on the u.s. consulate in benghazi. according to lawmakers who were there, petraeus now says the attack was an act of terrorism and not the result of a spontaneous anti-western demonstration as initially reported. four americans died in the benghazi inciden
republicans john boehner and mitch mcconnell and democrats nancy pelosi and harry reid. >> we had a very constructive meeting with the president to talk about america's fiscal problem. >> we all know something has to be done. >> it was good. i feel confident that a solution may be in sight. >> we're prepared to put revenue on the table, provided we fix the real problem. >> tax hikes and spending cuts could go into effect simultaneously if no deal is reached on the...
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a picture of president obama and john boehner. the upbeat tone was a dramatic shift from recent years when the president and a gop fortified by anti-government activists clashed repeatedly over spending and taxes. if he were to go to yesterday's new york times, they have a listening are at least pictures of the key leaders that will be involved in this process. to show you where they stand specifically on some issues, here is the president saying he will reject any bill that extends tax cuts for the wealthy. here is john boehner who has said raising tax rates is unacceptable and a new revenue should be generated by economic growth spurred by a simpler tax code and that closes loopholes and and deductions. there are some other leaders involved in this project. what do you think they will be able to do to keep the fiscal cliff from happening by the end of the year? that meeting taking place at the white house. here is some video from it. if you are looking at that again and you want to wait and on this topic, you can call in. your c
a picture of president obama and john boehner. the upbeat tone was a dramatic shift from recent years when the president and a gop fortified by anti-government activists clashed repeatedly over spending and taxes. if he were to go to yesterday's new york times, they have a listening are at least pictures of the key leaders that will be involved in this process. to show you where they stand specifically on some issues, here is the president saying he will reject any bill that extends tax cuts...
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why did obama double the revenue target from 800 billion that he wanted in negotiation weise boehner, in 2011, why did he had less access. i think the question is billion than he was looking for before. this gives him a better starting point. i do think that both sides are going to try to work something out before the end of the year because they are all worried about the impact on the economy, not just in jab, but right now while you're watching the stock market and others negatively react to the fact that they are fearing this fiscal cliff. >> he must have known that this 1.6 trillion is a far more realistic number in the objectives. why didn't he mention >>> president obama will nominate susan rice as secretary of state. >> nope, he will back down. >> he won't back down. >> he will back down and not nominate her. >> he will
why did obama double the revenue target from 800 billion that he wanted in negotiation weise boehner, in 2011, why did he had less access. i think the question is billion than he was looking for before. this gives him a better starting point. i do think that both sides are going to try to work something out before the end of the year because they are all worried about the impact on the economy, not just in jab, but right now while you're watching the stock market and others negatively react to...
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. >> reporter: in the meeting, house speaker john boehner proposed leaders establish a framework in the next six weeks for wide scale reform of the tax code, medicare, and social security in 2013. e e goal would be to set specific targets now for savings from those reforms. msat would negate the need for cutp spending cuts congress called for last year that are set to kick in on january 1, the reme day the bush tax cuts are set to expire. that damaging combo has been wnme to be known as the fiscal cliff. while democrats often balling at day mention of entitlement reform, today nancy pelosi signaled a new openness. >> do we want to have savings from everything that we do? certainly? so we need revenue, we need savings, we need growth. > reporter: leader pelosi said tere appeared to be interest in a big deal, about four trillion rsllars worth of deficit reductions along the lines of the grand bargain that fell part wean the president and tpeaker boehner last year, rethony. >> mason: nancy, there are just 46 days until the new year. what can they really hope to ?ccomplish in that time? >>
. >> reporter: in the meeting, house speaker john boehner proposed leaders establish a framework in the next six weeks for wide scale reform of the tax code, medicare, and social security in 2013. e e goal would be to set specific targets now for savings from those reforms. msat would negate the need for cutp spending cuts congress called for last year that are set to kick in on january 1, the reme day the bush tax cuts are set to expire. that damaging combo has been wnme to be known as...
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after boehner's vague comments, there are new concerns that the speaker may give up way too much and agree to tax increases. i'm here to lay out exactly what he has on the table. congressman, good to see you. >> good to be with you, sean. >> sean: i am concerned because -- >> i am -- you and me both? >> i am concerned about caving. you have outgoing virginia governor mcdonald, and former governor haley barbour and others saying, maybe we can give in on these things. did any house republican get elected and say to their constit webts they would raise taxes? if they did, i didn't hear it. >> i don't know a single one. sean, this is not the time to be defensive. and of course, there are plenty of people who say i am very offensive. but this is a time to go on offense, with our big ideas. and use the president's own words. he says everybody ought to pay their fair share, keeping him at his word. he says, warren buffett ought to not pay a lesser percentage than his secretary. what the president proposes will increase taxes on those who are paying a different way for warren buffett. it won
after boehner's vague comments, there are new concerns that the speaker may give up way too much and agree to tax increases. i'm here to lay out exactly what he has on the table. congressman, good to see you. >> good to be with you, sean. >> sean: i am concerned because -- >> i am -- you and me both? >> i am concerned about caving. you have outgoing virginia governor mcdonald, and former governor haley barbour and others saying, maybe we can give in on these things. did...
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house speaker john boehner says house speaker john boehner says he thinks they will have a solution before the end of the year. >>> and there are new details about the woman, jill kelley, at the center of the scandal that brought down general petraeus. as nbc's andrea mitchell reports jill kelley's connections went beyond the social elite and tampa, all the way to the white house. >> reporter: jill kelley and her twin sister met at the white house, touring it on november fourth november 4th, two days be general james november 4th, two days before general james clapper, the director of national intelligence was even told about the petraeus scandal. jill kelley mentioned the visit in an e-mail, saying i was at the white house with my friends in the administration this weekend. the stress was surreal. white house officials say the jill kelley sisters were invited by a staffer who may have met at the air force base. jill kelley was bipartisan in her outreach, she and her sister dropped in on a fundraiser for marco rubio two years ago, they did not pay, sources said, just arrived and soon left.
house speaker john boehner says house speaker john boehner says he thinks they will have a solution before the end of the year. >>> and there are new details about the woman, jill kelley, at the center of the scandal that brought down general petraeus. as nbc's andrea mitchell reports jill kelley's connections went beyond the social elite and tampa, all the way to the white house. >> reporter: jill kelley and her twin sister met at the white house, touring it on november fourth...
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you know, when john boehner appears, they say are you willing to accept higher rates. no one says what are you going to do about entitlements or anything, there's no question of the president whether he will compromise and what that would look like. >> paul: steve, what do you think the republicans ought to do here? is there a way out for them or are they going to be pushed back into a corner where they have no choice, but to concede that they have to raise tax rates or else go over the cliff and get blamed for that? >> well, it's a tough situation for them. there's no question about it because as you know, the default position, if we don't do anything is for the taxes to go up on everybody on january 1st, and that's something i think both sides want to avoid. it's very interesting, the thing that happened this week to start the week, was who was the first person that barack obama met with in the white house since his election, the labor unions, the labor block, that tells a lot who is driving policy at least at the start of the second term? and the labor unions basica
you know, when john boehner appears, they say are you willing to accept higher rates. no one says what are you going to do about entitlements or anything, there's no question of the president whether he will compromise and what that would look like. >> paul: steve, what do you think the republicans ought to do here? is there a way out for them or are they going to be pushed back into a corner where they have no choice, but to concede that they have to raise tax rates or else go over the...
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as we speak, the president is meeting with john boehner, the first face-to-face talk. in december 2010, you called your plan the moment of truth. almost two years later, but moment are we at now? >> i think this is the magic moment. a moment when our generation has the chance to really do something about this problem that we created. it is our generation that got us into this mess. i think we have a good chance. yet a second term democrats president who has come out and said he is willing to put entitlements on the table. big deal. you have a speaker, a republican speaker who really gets it. he understands the deaths of the problems they face. he has said the are going to put revenues on the table. big move. we got half the members of the senate already saying they will support a balanced plan. which makes a lot of sense. we have the business community lined up firmly for doing something. most importantly, we have the fiscal cliff. where if we go over it, we are going to face the most predictable economic crisis in history. for all of us in here, it is also the most av
as we speak, the president is meeting with john boehner, the first face-to-face talk. in december 2010, you called your plan the moment of truth. almost two years later, but moment are we at now? >> i think this is the magic moment. a moment when our generation has the chance to really do something about this problem that we created. it is our generation that got us into this mess. i think we have a good chance. yet a second term democrats president who has come out and said he is willing...
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so boehner's going to ask for cuts to go along with debt ceiling increases as well. so this is a multi-headed beast if you will, an hydra that's waiting to be solved. it they don't have a lot of time. i think we're down to 12 or 13 legislative days before the end of the year. so there you go. let's -- a grand bargain in that short of time probably isn't going to take place. i think we can expect them to punt on pretty much all these things. >> can i ask you guys quickly about the testimony of former cia director general david petraeus as he appeared this week, yesterday. with regard to the testimony he talked about the benghazi attack. the answers he gave did not seem so sit well with the gop. but each side spinning exactly what he said to suit their interpretations. should the gop, though, lay to rest all of their complaints at this point? reid, you first. >> i don't think they're going to lay anything to rest. >> but should they based on what he said? this is the guy who was in charge. >> and i think that there are probably more things that peter king and the repub
so boehner's going to ask for cuts to go along with debt ceiling increases as well. so this is a multi-headed beast if you will, an hydra that's waiting to be solved. it they don't have a lot of time. i think we're down to 12 or 13 legislative days before the end of the year. so there you go. let's -- a grand bargain in that short of time probably isn't going to take place. i think we can expect them to punt on pretty much all these things. >> can i ask you guys quickly about the...
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what is amazing to me is you open up the paper, you watch on television, there's boehner, mcconnell, all these people saying he has to have major entitlement cuts, cuts in social security, medicare and medicaid. right after the republicans got finished beating up on the democrats for allegedly taking $760 billion for medicare, that's terrible, now they're insisting we have to take more money for medicare, medicaid, social security. the democrats are stupid enough to go along with that. they will criticize the democrats the next election. >> that's a great point. heather, you were in washington and watched the sausage making happen. how much leverage do you think there is? >> that's a good question. i think unfortunately we may have to get through this period of time of complete detachment from reality. and then the conversation will shift as it will as people start to gear up for the midterms. people start looking out into the country again and saying, hey, we're still at about 8% unemployment out here. jobs are still the number one concern of voters. not on the donor class, but of v
what is amazing to me is you open up the paper, you watch on television, there's boehner, mcconnell, all these people saying he has to have major entitlement cuts, cuts in social security, medicare and medicaid. right after the republicans got finished beating up on the democrats for allegedly taking $760 billion for medicare, that's terrible, now they're insisting we have to take more money for medicare, medicaid, social security. the democrats are stupid enough to go along with that. they...
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president obama state what his position is, which honestly everyone already knows and house speaker john boehner stated what his feeling is on dealing with the fiscal cliff. and that sort of perfunctory here's my position sort of gave way to a back and forth between these two leaders. nothing was settled, but the tone was reportedly good and both republicans and democrats in the room seemed aware this would come down to dealing with tax reform and entitlement reform, and the source told me when the president raised the issue of increasing revenue, there was no, "no, we're not going to do that" from republicans, and when republicans talked about entitlement reform, the president agreed that was something that has to be done. >> well, it sounds good, but do you think when it comes down to the brass tacks both sides are actually ready to bend a bit? >> reporter: i think they're ready to bend than they were going into that whole debacle that was the debt situation. there are some specifics that need to be sorted out for sure, exactly how to raise revenue. as you know, democrats would like to raise t
president obama state what his position is, which honestly everyone already knows and house speaker john boehner stated what his feeling is on dealing with the fiscal cliff. and that sort of perfunctory here's my position sort of gave way to a back and forth between these two leaders. nothing was settled, but the tone was reportedly good and both republicans and democrats in the room seemed aware this would come down to dealing with tax reform and entitlement reform, and the source told me when...
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president obama wished house speaker john boehner a happy birthday. the president said he didn't know how many candles they would need for speaker boehner's birthday. he gave him an expensive bottle of wine instead. the speaker turned 63 years old today. >> a new york businessman said tampa, florida, socialite jill kelley asked him for an $80 million deal. those are some of the stories trending as we speak on cnn.com. >> an astronaut battles parkinson's disease while flying through space. we'll show you why he kept his condition a secret and how he's doing 17 years later. [ male announcer ] when a major hospital wanted to provide better employee benefits while balancing the company's bottom line, their very first word was... [ to the tune of "lullaby and good night" ] ♪ af-lac ♪ aflac [ male announcer ] find out more at... [ duck ] aflac! [ male announcer ] ...forbusiness.com. [ yawning sound ] at meineke i have options... like oil changes starting at $19.95. my money. my choice. my meineke. my money. my choice. when i take a picture of this check
president obama wished house speaker john boehner a happy birthday. the president said he didn't know how many candles they would need for speaker boehner's birthday. he gave him an expensive bottle of wine instead. the speaker turned 63 years old today. >> a new york businessman said tampa, florida, socialite jill kelley asked him for an $80 million deal. those are some of the stories trending as we speak on cnn.com. >> an astronaut battles parkinson's disease while flying through...
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the congressional leaders, boehner, reid, pelosi, mcconnell, were optimistic but cautious about a deal. here they are at the stakeout. >> to show our seriousness, we have put revenue on the table as long as it's accompanied by significant spending cuts. >> we have the cornerstones of being able to work something out. we're both going to have to give up some of the things that we know are a problem. >> we should have a goal in terms of how much deficit reduction. we should have a deadline before christmas. we should show some milestones of success so that confidence can build. >> we're prepared to put revenue on the table provided we fix the real problem. >> the real problem. you got that? mcconnell is always the tree stump on the lawn when you're trying to cut it. this afternoon the president held his fourth and final meetings with stakeholders, civic leaders, and members of civic organizations. marc morial is president of the urban league, he was at the afternoon meeting as was aaron smith is cofounder of a group called young invincibles dedicated to ensuring that young people's persp
the congressional leaders, boehner, reid, pelosi, mcconnell, were optimistic but cautious about a deal. here they are at the stakeout. >> to show our seriousness, we have put revenue on the table as long as it's accompanied by significant spending cuts. >> we have the cornerstones of being able to work something out. we're both going to have to give up some of the things that we know are a problem. >> we should have a goal in terms of how much deficit reduction. we should have...
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the congressional leaders, boehner, reid, pelosi, mcconnell, were optimistic but cautious about a deal. here they are at the stakeout. >> to show our seriousness, we have put revenue on the table as long as it's accompanied by significant spending cuts. >> we have the cornerstones of being able to work something out. we're both going to have to give up some of the things that we know are a problem. >> we should have a goal in terms of how much deficit reduction. we should have a deadline before christmas. we should show some milestones of success so that confidence can build. >> we're prepared to put revenue on the table provided we fix the real problem. >> the real problem. you got that? mcconnell is always the tree stump on the lawn when you're trying to cut it. this afternoon the president held his fourth and final meetings with stakeholders, civic leaders, and members of civic organizations. marc morial is president of the urban league, he was at the afternoon meeting as was aaron smith is cofoirnd of a group called young invincibles dedicated to ensuring that young people's perspe
the congressional leaders, boehner, reid, pelosi, mcconnell, were optimistic but cautious about a deal. here they are at the stakeout. >> to show our seriousness, we have put revenue on the table as long as it's accompanied by significant spending cuts. >> we have the cornerstones of being able to work something out. we're both going to have to give up some of the things that we know are a problem. >> we should have a goal in terms of how much deficit reduction. we should have...
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i remember calling up a guy before i worked for romney i worked for boehner in the majority leader officer, i called up the digital guy tell me about twitter. how it's going work. he said you don't need to know it. it's not a big thing. here we're now, i notice during the campaign so much of what we did was driven from the bottom up through twitter. and -- even when i was on the plane. we would do the different gaggle. she would do it on a bigger plane. air force one. we call pear force one. i would got back of the plane and gaggle for fifteen or twint minutes. by the time i would come back i would come back on twitter and say it made news. >> people responded and taked you on twitter. >> when you say people you don't mean people you mean reporters. >> or people. [laughter] reporters are not people. >> that was on the free to be you and me. the reporters are people. but you mean this was the kind of back stage conversation you were watching playout on twitter? sometimes real people. it was more important how the journalist were using twitter. >> yeah. it became a incredible news. you could
i remember calling up a guy before i worked for romney i worked for boehner in the majority leader officer, i called up the digital guy tell me about twitter. how it's going work. he said you don't need to know it. it's not a big thing. here we're now, i notice during the campaign so much of what we did was driven from the bottom up through twitter. and -- even when i was on the plane. we would do the different gaggle. she would do it on a bigger plane. air force one. we call pear force one. i...
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Nov 17, 2012
11/12
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there is concern in the far right flank that speaker john boehner will raise tax rates for the top 2 percent. they want to preserve tax cuts for every tax bracket. no one is sure that the speaker is doing that. they are not discussing giving in on the top 2 percent but i don't think that is a promise they will keep. we'll have to wait and see. i know that they wanted entitlement reform on the table if not right now, a promise that we'll get to it in the new year and overall tax reform. those are the demands from the republican side. >> heather: what about spending cuts in terms of democrats? >> there is another hard issue. democrats are going to try to hold as much on spending cuts, but they know that the cuts have to be part of the deal. you can't get republicans along were anything unless there is something on that side. how far are democrats willing to go? on spending cuts and overhauling entitlement reform which is the main driver of the nation's debt. you may see a deal where there is tax increase if democrats are willing to go much further on entitlement reform and spending cut
there is concern in the far right flank that speaker john boehner will raise tax rates for the top 2 percent. they want to preserve tax cuts for every tax bracket. no one is sure that the speaker is doing that. they are not discussing giving in on the top 2 percent but i don't think that is a promise they will keep. we'll have to wait and see. i know that they wanted entitlement reform on the table if not right now, a promise that we'll get to it in the new year and overall tax reform. those...
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Nov 17, 2012
11/12
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one of the issues with the fiscal cliff is what kind of legacy would john boehner or the president leave behind when they leave office if they can't get a deal done and what about a second term compromising and going your own route. >> terrific point. the big things that have happened in our country's history, the big pieces of legislation have either come when we've had enormous majorities of one party or the other, the great society, president johnson and a huge land side, lying majorities in congress, or with a compromise. what we've not had historically is closely fought vague important things happen. big reform. this case the president has the senate but he also has a republican house. and so i think and i'll look at this from thomas jefferson, you look at it with ronald reagan it goes all the way through, presidents who manage to give as well as to take particularly in a second term do the best. >> john your said in your article that the president should be careful about the conventional wisdom for second terms for presidents. what did you mean? >> i don't think he should climb und
one of the issues with the fiscal cliff is what kind of legacy would john boehner or the president leave behind when they leave office if they can't get a deal done and what about a second term compromising and going your own route. >> terrific point. the big things that have happened in our country's history, the big pieces of legislation have either come when we've had enormous majorities of one party or the other, the great society, president johnson and a huge land side, lying...
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Nov 17, 2012
11/12
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greater confidence that he's got more leverage, and republicans are a bit chasen by the outcome so boehner and mcconnell have more control over their flocks than they did before the election. >> thank you. >>> let's get a check of the morning's other top stories now. jenna wolfe is standing by. good morning. >>> good morning. the coast guard is searching for two workers who went missing after a fire on an oil rig in the gulf of america. the fire which broke out friday as workers were using a torch to cut an oil line was quickly put out. the coast guard said no oil is coming from the well. >>> a national tragedy is playing out in the plains of west texas. frail investigators are trying to determine whether a small parade to honor wounded veterans had been given enough warning to clear train tracks they were trying to cross. a freight lane slammed into the tractor trailer killing four decorated veterans and injuring 16 people. >>> there's been another terrible train crash this one in southern egypt. a security official says it appears a railroad crossing was not closed when a speeding train
greater confidence that he's got more leverage, and republicans are a bit chasen by the outcome so boehner and mcconnell have more control over their flocks than they did before the election. >> thank you. >>> let's get a check of the morning's other top stories now. jenna wolfe is standing by. good morning. >>> good morning. the coast guard is searching for two workers who went missing after a fire on an oil rig in the gulf of america. the fire which broke out friday as...
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Nov 17, 2012
11/12
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john boehner said it is now the law of the land. good to see you. biggest colonel to me, my family and to people out there watching. will my quality of care care change? >> first of all, you may lose the plan you get on your job. and you may lose full-time job status as a result. this law says that employers. >> is this all of it. >> this is all of it. >> we like our guests to bring us cake not 2,000 pages of healthcare legislation. >> unfortunately this is what you have got. this law says that employers with 50 or more full-time workers have to provide health insurance. not just any health insurance but the one size fits all government designed plan. that cost almost twice as much as what many employers currently provide. so, as a result. employers in many cases are going to drop the coverage and may even move their full-time employees into part time status to avoid the penalty. >> we have already seen companies doing that. >> that's right. and the government actually predicts that under this employer mandate, fewer people will get on the job insur
john boehner said it is now the law of the land. good to see you. biggest colonel to me, my family and to people out there watching. will my quality of care care change? >> first of all, you may lose the plan you get on your job. and you may lose full-time job status as a result. this law says that employers. >> is this all of it. >> this is all of it. >> we like our guests to bring us cake not 2,000 pages of healthcare legislation. >> unfortunately this is what...